GILLES DB

Active

Private limited companyfounded 20215 yrs activeHoek ter Hulst 25, 9860 Oosterzele, BelgiumKBO/BCE: BE 0767.951.869

The computed 12-month bankruptcy probability of GILLES DB is 2.2% (moderate). The 2025 annual accounts show equity of €5k and a net result of €14k. Equity is shrinking by ~30.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 27787 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

58 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability98▼-2

Solvency33▼-54

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27787 sector peers (2025).

NBB · sector comparison

Position among 27787 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

on the day

2024

26 d late

2023

2 d early

2022

4 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€5k▼ 87.0%

2024 · €39k

2022: €26k 2023: €18k 2024: €39k

2022 → 2025

Total assets

€60k▼ 2.3%

2024 · €62k

2022: €47k 2023: €27k 2024: €62k

2022 → 2025

Net result

€14k▼ 34.4%

2024 · €22k

2022: €22k 2023: €-8k 2024: €22k

2022 → 2025

Working capital

€4k▼ 89.1%

2024 · €36k

2022: €21k 2023: €13k 2024: €36k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€26k-€18k▼ 31.8%€39k▲ 117%€5k▼ 87.0%

Operating result€30k-€-8k€28k€20k▼ 29.7%

Net result€22k-€-8k€22k€14k▼ 34.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 30% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €60k

97.7%

Fixed assets €1k▼ 55.9%

Current assets €59k▲ 0.7%

Equity and liabilities €60k

91.7%

Equity €5k▼ 87.0%

Debt €55k▲ 139%

The debt ratio rises from 37.6% to 91.7%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€21k▼

2024 · €30k

Cash flow

€16k▼

2024 · €24k

Solvency

8.3%▼

2024 · 62.4%

Current ratio

1.07▼

2024 · 2.55

Quick ratio

1.07▼

2024 · 2.55

Debt / equity

11.06▲

2024 · 0.60

ROE

282.8%▲

2024 · 56.0%

ROA

23.5%▼

2024 · 35.0%

Interest coverage

57.21▼

2024 · 68.00

Debt

€55k▲

2024 · €23k

Debt ≤ 1 year

€55k▲

2024 · €23k

Income taxes

€5k▼

2024 · €6k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€62k€60k▼

Fixed assets21/28€3k€1k▼

Tangible fixed assets22/27€3k€1k▼

Plant, machinery and equipment23€367€0▼

Furniture and vehicles24€3k€1k▼

Current assets29/58€58k€59k▲

Amounts receivable within one year40/41€12k€30k▲

Trade receivables40€12k€29k▲

Other amounts receivable41€0€568▲

Cash at bank and in hand54/58€46k€29k▼

Deferred charges and accrued income490/1€427€434▲

Equity and liabilities

Total equity and liabilities10/49€62k€60k▼

Equity10/15€39k€5k▼

Contributions10/11€5k€5k=

Reserves13€34k€0▼

Distributable reserves133€34k€0▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€23k€55k▲

Amounts payable after more than one year17€0-

Financial debts170/4€0-

Amounts payable within one year42/48€23k€55k▲

Current portion of amounts payable after more than one year42€172€0▼

Trade debts44€6k€708▼

Suppliers440/4€6k€708▼

Taxes, remuneration and social security45€11k€4k▼

Taxes450/3€11k€4k▼

Other amounts payable47/48€6k€51k▲

Accrued charges and deferred income492/3€252€295▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€642€660▲

Gross operating margin9900€31k€22k▼

Operating profit (loss)9901€28k€20k▼

Financial charges65/66B€439€374▼

Recurring financial charges65€439€374▼

Profit (loss) for the period before taxes9903€27k€19k▼

Income taxes67/77€6k€5k▼

Profit (loss) for the period9904€22k€14k▼

Profit (loss) for the period to be appropriated9905€22k€14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€22k€14k▼

Transfer from equity791/2€0€34k▲

Transfer to equity691/2€21k€0▼

To other reserves6921€21k€0▼

Profit to be distributed694/7€833€48k▲

Return on contributions (dividend)694€833€48k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

31-12

Financial Back to profitnet €22k

Net result €22k after one loss-making year.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-8k ▼138%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Oosterzele · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Hoek ter Hulst 259860 Oosterzele

Ground area

5,974 m²

Parcel 44046A0125/00A000, Flanders. Linked by address, not a title deed.

1 establishment unit

GILLES DB

Hoek ter Hulst 25, 9860 OosterzeleSpecialised construction activities

since 20212.316.973.573

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44046A0125/00A000	Flanders	5,974 m²	-	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 330 EUR awarded · 273 EUR paid

Year	Entries	awarded	paid
2025	1	330 EUR	273 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 330 EUR · 273 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 2,736 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded07-05-2021

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

70200Business and other management consultancy

70220Business consulting

71111Activities of building architects

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.